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"Totally the wrong way": Boris Johnson criticises UK's new wealth tax

Author
Newstalk ZB,
Publish Date
Fri, 1 Nov 2024, 8:50am
Photo / Danny Lawson/PA Images via Getty Images
Photo / Danny Lawson/PA Images via Getty Images

"Totally the wrong way": Boris Johnson criticises UK's new wealth tax

Author
Newstalk ZB,
Publish Date
Fri, 1 Nov 2024, 8:50am

Former British Prime Minister Boris Johnson offers his thoughts on the UK’s latest financial policy as part of an interview with Mike Hosking. Catch the full-length interview next week on the Mike Hosking Breakfast.  

Boris Johnson is condemning the British Labour Government's moves to hike taxes on the wealthy. 

High earners, wealthy foreigners, and businesses are facing $86 billion of extra taxes to fund public services like the National Health Service. 

Speaking exclusively to Mike Hosking, Johnson —the British PM from 2019 to 2022— says Sir Keir Starmer's government should be looking to cut the public service instead. 

He says putting up taxes, without reforming the public service, at a time when the UK state has already expanded massively, is "insane". 

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